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re: Tuscaloosa Marine Shale
Posted on 1/18/12 at 12:10 am to gonads&strife
Posted on 1/18/12 at 12:10 am to gonads&strife
I was listening to an earnings call for a company I'm researching and one of the guys (CEO COO etc) mentioned that companies use different chokes and thus have different amounts of pressure. An analyst was basically asking him if he thought the IP rate for a particular well would be comparable to another public co well drilled in the vicinity and he effectively said "they're making it look better than it might be, we're just trying to be conservative."
1
Posted on 1/18/12 at 7:39 am to kfizzle85
The issue with most of the drilling in TMS right now is that it has not yet become economical yet. It is still new, and many companies are refining their techniques to handle TMS. This is exactly how things started in Haynesville few years ago, so as long as oil prices stay at $100.00 bbl, you will continue to see companies look for liquids in TMS and try to make it economical.
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